Common use of Initial Allocations of Realized Losses and Principal Clause in Contracts

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1-PO Interest and the Class LT-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc)

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Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1SW-PO Interest PO-1 Interests and the Class LT-1 SW-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component of the Class PO Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-J1), Pooling and Servicing Agreement (Alternative Loan Trust 2007-4cb), Pooling and Servicing Agreement (Cwalt Inc)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the LTR-PO-1 Interests Class LT-1LTR-PO PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component of the Class PO Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-7cb), Pooling and Servicing Agreement (Alternative Loan Trust 2006-4cb)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 PO-A-1 Component and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Cwalt Inc)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO Interest PO-1 Interests and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component of the Class PO Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-6cb), Pooling and Servicing Agreement (Alternative Loan Trust 2006-36t2)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LT-PO PO-1 Interest and the Class LT-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-20cb), Pooling and Servicing Agreement (Alternative Loan Trust 2005-28cb)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component of the Class PO Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-29t1)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1S-PO PO-1 Interest and the Class LT-1 S-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-11cb)

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Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-2 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-J4)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-J5)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1-PO LTR- PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component of the Class PO Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-8t1)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-1 Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 PO-A-1 Component and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of the Class M-A Certificates and each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cwalt Inc)

Initial Allocations of Realized Losses and Principal. (a) The Trustee shall first allocate the Realized Losses on the Group 1 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 1 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 1 Mortgage Loans between the Class LT-1LTR-PO PO-A Interest and the Class LT-1 LTR-1 Tracking Interests in the same manner that such amounts are allocated to or distributed between (a) the Class PO-1 Component PO-A Certificates and (b) the remaining Group 1 Senior Certificates and the Assumed Balance of the Class Certificate Balance of each Class of Subordinated Certificates related to the Group 1 Mortgage Loans.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Countrywide Home Loans 2005-J9)

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